https://sputnikglobe.com/20220503/borrell-more-russian-banks-will-be-disconnected-from-swift-system-1095216987.html
Borrell: More Russian Banks Will Be Disconnected From SWIFT System
Borrell: More Russian Banks Will Be Disconnected From SWIFT System
Sputnik International
While on his ongoing tour around Latin America, the EU top diplomat said last week that following the unprecedented sanctions already levied against Russia as... 03.05.2022, Sputnik International
2022-05-03T03:43+0000
2022-05-03T03:43+0000
2023-04-12T17:14+0000
josep borrell
swift
russia
ukraine crisis
russia's special operation in ukraine
sanctions
banks
european union (eu)
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The head of EU diplomacy, Josep Borrell, on Monday announced the disconnection of even more Russian banks from the SWIFT payment system, although without disclosing details.According to Borrell, who spoke to reporters in Panama, even more Russian banks will be disconnected from the SWIFT system. He added though that he could not disclose the names or the number of the financial institutions at the time. The top diplomat stressed that the EU Political and Security Committee team was working on the sixth package of sanctions against Russia, and that he hoped "it can be approved at the next meeting of the Foreign Affairs Council."Earlier, it was reported that the EU planned to push a ban on purchases of Russian oil by the end of the year, and before that, gradually introduce restrictions on imports. The EU also plans to expand the list of personal sanctions. After the launch of Moscow's special operation to demilitarize Ukraine, the EU adopted five packages of sanctions against individuals, organizations, the financial sector and energy in Russia. Financial sanctions also affected the reserves of the Russian Central Bank. In addition, seven Russian banks were disconnected from the SWIFT system. Moreover, broadcasting in the EU and distribution of content from the Sputnik news agency and the RT channel were also banned.
https://sputnikglobe.com/20220501/russian-fm-lavrov-west-has-just-stolen-over-300-billions-from-moscow-1095189793.html
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josep borrell, swift, ukraine crisis, sanctions, banks, european union (eu)
josep borrell, swift, ukraine crisis, sanctions, banks, european union (eu)
Borrell: More Russian Banks Will Be Disconnected From SWIFT System
03:43 GMT 03.05.2022 (Updated: 17:14 GMT 12.04.2023) Kirill Kurevlev
Managing Editor
While on his ongoing tour around Latin America, the EU top diplomat said last week that following the unprecedented sanctions already levied against Russia as a result of Moscow's special military operation in Ukraine, more punitive measures have not been ruled out.
The head of EU diplomacy, Josep Borrell, on Monday announced the disconnection of even more Russian banks from the SWIFT payment system, although without disclosing details.
According to Borrell, who
spoke to reporters in Panama, even more Russian banks will be disconnected from the SWIFT system. He added though that he could not disclose the names or the number of the financial institutions at the time.
"And in the energy sector, we are looking for measures that would significantly affect the import of Russian oil," he added.
The top diplomat
stressed that the EU Political and Security Committee team was working on the sixth package of sanctions against Russia, and that he hoped "it can be approved at the next meeting of the Foreign Affairs Council."
Earlier, it was reported that the EU planned to push a ban on purchases of Russian oil by the end of the year, and before that, gradually introduce restrictions on imports. The EU also plans to expand the list of personal sanctions.
After the launch of Moscow's special operation to demilitarize Ukraine, the EU adopted five packages of sanctions against individuals, organizations, the financial sector and energy in Russia. Financial sanctions also affected the reserves of the Russian Central Bank.
In addition, seven Russian banks
were disconnected from the SWIFT system. Moreover, broadcasting in the EU and distribution of content from the Sputnik news agency and the RT channel were also banned.
